Extrinsic motivations like intellectual property protections and fiscal incentives continue to occupy the centre stage in debates on innovation policies. Joseph Schumpeter had, however, argued that the motive to accumulate private property can only explain part of innovative activities. In his...

The main objective of this paper is to analyse some aspects of Japanese policy in the post World War-II period and understand how the various informal institutions (shared mental models) have influenced key dimensions of technology strategy with regard to the nature and trajectory of activities...

Estimation of research production functions has produced rich and useful results for developed countries in the past. This paper makes a pioneering attempt to estimate the same in the context of a less-developed country (LDC) (India). The objective is to examine the process of technology...

The dynamics of drug launch has been an under-researched area, especially in the context of developing countries, which have diverse disease profiles and weaker forms of regulation compared to developed countries. A limited set of studies, undertaken in recent years, on the diffusion of new...

The dynamics of drug launch has been an under-researched area. Most of the studies in this field focus on developed countries, quite uniform in terms of disease profile and regulatory framework, and analyse whether stringency in regulation influences launch delay. Developing countries, in...

Recently, it has been suggested that the process of economic development should ideally be viewed as a socioeconomic transformation. Such a view requires a comprehensive understanding of how agents learn and change their behaviour. However, these aspects have only been inadequately addressed in...

The main objective of this paper is to analyse some aspects of Japanese policy in the post World War-II period and understand how the various informal institutions (shared mental models) have influenced key dimensions of technology strategy with regard to the nature and trajectory of activities...

Contrary to conventional wisdom based on the product cycle and technology gap models, this paper argues that the technology factor can prove to be a key determinant of manufactured exports from less-developed countries (LDCs). The technological advantages enjoyed by LDCs rest on a very different...